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20121121
20121129
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study out, sweden suggests that teens and adults with attention deficit disorder are four to seven times more likely that be others to break the law. the study published in the new england journal of medicine also found that the use of adhd medication into adulthood might also help curb crime. >>> markets left off on a high note before closing for today's holiday. the dow close at the 12,836 after gaining 48 points. the s&p was up three and the nasdaq added nine. >>> heading overseas now, the nikkei shot up 144 points, while the hang seng climbed 218. >>> hostess has made their last twinkies and loaves of wonder bread. the company whose products date back to the late 1800s has received permission to sell off its brands putting more than 18,000 workers in the unemployment line on thanksgiving eve. >>> on a brighter note, home improvement retailer lowe's handed out 22,000 thanksgiving dinners to new york and new jersey families impacted by hurricane sandy. meanwhile, demonstratored protested outside and inside a walmart in oakland, california. similar protests are planned at over 1,000 wal
deficits. >> reporter: mr. obama has insisted that in any deal, tax rates on the wealthy must rise. but a top democrat signaled openness to the republican stance. revenues can be risen by closing loopholes and deductions. >> they have to go up, real tax rates or effective tax rates. there's ways of doing that. >> reporter: with the clock ticking and markets getting nervous, talks begin again this week amid tentative steps toward common ground. >> we have to show the world we're adults. the election is over. >>> to overseas now, where egypt, the country's newly elected leader there has granted himself unchecked power. it's sparking days of violent clashes and sent the country's stock market into free fall. nbc's jim maceda joins us live now. good morning to you. >> good morning, lynn. it's a critical day for mohamed morsi, a former leader of the muslim brotherhood which began on thursday when he issued the decree putting all his decisions effectively above the law. he said he was doing that to protect egypt's very slow move towards democracy from the judges and prosecutors mostly ha
out of negotiations. >> social security set aside. it doesn't add to the deficit. when it comes to medicare and medicaid, protect the program. >> reporter: distance from a deal still evident although the gap between lawmakers is closing. just this morning, the white house released a new report detailing the impact of lawmakers if they don't reach a deal. that report is consumers will spend $200 billion less next year. that could affect any economic recovery. reporting in washington, danielle leigh, nbc news. >>> it is cyber monday. we asked scott mcgrew to take a look at the deals you might find online. >> good morning. amazon has a 55" panasonic on sale. this is a favorite of mine. it is roku. i recommend it. it brings netflix and hulu to your television. there are several web sites offering a deal on fisher price toys. half off in certain cases. toys r us or amazon. the term cyber monday, that is old fashioned. it dates way back to the early 2000s, when the only way anyone could get online was to do so from work. so the first day back to work after black friday became the bigg
to an oil and gas boon that's wiped out its budget deficit and brought unemployment to the lowest in the nation. >>> all right, coming up, a basketball roundup, and remembering the man who transformed baseball. >>> plus, new york city's iconic empire state building shows off its new high tech lighting. you're watching "early today." >>> here's a look at some of the other stories making news early today in america. a tragedy in new york last night as a commuter bus plowed into a long island home and killed a 6-year-old little boy that was inside. police say the bus had just swerved to avoid a pedestrian and then just lost control. at least 11 bus passengers and the boy's 7-year-old brother were treated for minor injuries. just horrible. >>> the empire state building added flare to the new york city skyline. alicia keys flipped the switch on the inaugural light shows which were synchronized to her songs. the new lighting system displays over 16 million colors with various effects. >>> and, finally, one texas man is using his noggin for a novel idea. hey. the 27-year-old has hired a
, this debt and deficits of this country. the drama is playing out. how do you think it impacts the economy? >> first thing is i don't like what i see. i noticed that the politicians don't have their head in the game. they are like two teams playing to win. we're not represented by them. they are not coming to agreement to try to win points from each other. that's not what we want. >> it is all about winning. >> we are paying the price. these people are not paying the price. absence of the game is becoming the main source of fragility in american society and of course in the world economy. >> what do you mean by this? they aren't in the game. the john boehners and the barack obamas they don't have skin in the game. >> they are shooting for numbers to look good but they don't pay the price of the mistakes. you and i pay the price of their mistakes. >> let me bring up your book. the book is called "anti-fragile, things that gain from disorder" you said think of the economy as being more of a cat than a washing machine. >> let me explain about anti-fragile. the opposite of fragile is not robus
the homeless rather than give spare change. >>> another step back to closing california's budget deficit. the steal of the state's first pollution permits brought in much less money than expected. the governor and lawmakers projected three auctions would raise $1 billion. but now analysts project it will only bring the state around $216 million. the governor's january budget could reflect the lower projections. >>> illegal marijuana growers appear to be growing green. investigators say growers around the country are turning to solar power to remain off the grid and avoid deduction. police in new mexico said it's a growing crime and have busted many illegal marijuana operations that use solar panels. authorities in california say they're patrolling the wine country for solar panel thefts. they believe they're being used to grow pot. >>> in the sierra, this year's black friday turned out to be fairly white. here is a look at conditions on the roads and on the slopes. >> reporter: these snowmen were hanging out in mud and grass, and the skiers and snowboarders were headed higher up. >> it's
care costs continue to be the biggest driver of our deficits. >> reporter: mr. obama has insisted tax rates must rise. today a top democrat signalled openness to the republican stance. revenue could be raised by closing loopholes and limiting deductions. >> they have to go up either real tax rates or effective tax rates. >> reporter: tax begin this week amid tentative steps toward common ground. >> we can't go off the fiscal cliff. we have to show the world we're adults. the election is over. >> reporter: one ceo of honeywell said there's so much uncertainty hanging over the economy because business isn't confident that washington can go its basic job. he says people like me just aren't hiring. kate. >>> mike viqueira at the white house. senator john mccain softened his tone after vowing to block the nomination of u.n. ambassador susan rice to be hillary clinton's successor. he argued that rice damaged her credibility when she said the attack was a spontaneous protest to an anti-muslim video not a planned terror attack. today mccain was asked if he might change his mind about ambassad
the deficit problem. >> the president has made clear that he will not sign a bill that extends the bush era tax cuts for those make mortgage than $250,000. >> billionaire warren buffett, an obama ally today wrote an editorial in "the new york times," calling for a higher minimum tax for the wealthy. >>> a shake-up in the middle east in politics today as an israeli moderate resigns. israeli defense minister ehud barack abruptly quit politics today, saying he'll only finish out his term. the obama administration had embraced him as a moderate influence on benjamin netanyahu's hard-line policies. meanwhile, a leader of hamas is warning that a fragile ceasefire in gaza could flare back into violence if negotiators don't come to agreement quickly. negotiations have to proceed through egyptian messagers because israel and the united states consider hamas a terrorist organization. >>> still ahead here at 5:00, it's a distinction that universities don't want. the bay area school, though, near the top of this dubious list. >>> and a blockbuster acquisition that never was. google tied to a takeover d
. >> we would be in a deficit situation by -- yeah. probably $1,500 to $1,800. in the short term we need to create income. >> john thinks it is diane who has to step up and find a job. any job. their marriage therapist agrees. >> i think the underlying issue for you, diane, i think there's a reluctance on your part to do something that is beneath you. you know, you're highly educated. you have a lot of experience. and i think there's this bit of inner snob in you. >> i mean, if you were to get a full-time job tomorrow that only paid what i'm earning at the running company, you know what? we would pay our bills. >> we would? >> we would pay our bills. >> for diane, john's sudden assertiveness appears to be a wake-up call. >> i was hoping that things would come together sooner, but they haven't. so here we sit and, you know, i have to grow up. i have to face some very hard facts and make some hard choices. >> see how it goes. >> yeah. >> hopefully it's very temporary. >> john has taken on an additional part-time job with an office cleaning company. diane agrees to share the work load. >> a
spending on social programs. >> entitlement reform is the only way we will really get the debt and deficit under control and we have to take it on. >> reporter: without a compromise, devastating across the board spending cuts and tax increases threaten to crush the economic recovery. on captiol hill, the battle lines are drawn for a showdown, a fiscal cliff hanger. that uncertainty is putting a damper on the shopping season that could be helping the economy. brian moore, nbc news, washington. >>> former hp executive and republican political activist says the nation's wealthy need to know they will need to pay more. >> taxing the wealthy is not a process of addressing our great opportunities and challenges. so, as uncommon as it is for republicans to say we will put revenue on the table and i think john boehner was crystal clear that revenue is on the table. the president needs to say here's my grand vision. >> she says the president should focus on addressing the issues that would jump start small business and encourage entrepreneurs. >>> the nhl lockout turned ten weeks old and business s
the ball. >>> i don't care if you raise taxes 100% on the wealthy. you're not going to fix the deficit prap. >> the republican leader is talking about it. but republicans are open to new rev new because of the new reality. >>> well, the president got reelected and we know at the end f this year taxes are going up on everybody. >> republicans say if the rich do pay more it should come only by reducing their tax deductions. democrats still insist on a rate hike on the rich. >> the president has made clear that he will not sign a bill that extends the bush era tax cuts or those making more than $250,000. >> billionaire warren buffett, an obama ally, again with a rate hike on the rich. calling in "the new york times" for a minimum tax on the wealthy. 30% of income between 1 million and $10 million. 35% above that. republicans insist any deal on tax hikes has to come after a commitment to control spending on medicare and social security. adding to the drama, the white house warned the strong start to holiday roadway tail steals could be spoiled by fears of tax hikes. holiday cheer and a reminder
revenues to deficit reduction. a significant amount of revenue. >> your colleague from georgia just this week said the following about that pledge not to raise any taxes. >> you know, that pledge i signed 20 years ago was valid then. it's valid now, but times have changed significantly.Ñi and i care more about this country than i do about a 20-year-old pledge. >> it is my view that the issue of taxes is the number one stumbling block to any kind of fiscal deal. that has to be resolved first before you can get to issues like sequestration. when you hear that from a colleague, does it say to you that there is room, and does the president do anything short of raising tax rates on the wealthy? is there anything short of that acceptable? >> well, you've got to raise additional revenues, including tax rates on the wealthy. >> those have to go up? >> they have to go up. there's ways of doing that. secondly, though, we've got to close some significant loopholes. for instance, the ones which allow too many corporations in this country to avoid paying taxes by moving revenue overseas. the us
the deficit, and the battle lines have been pretty clear right now. the president campaigned rolling back the tax breaks for the highest earnings and republicans argued spending cuts are the way to get the deficit under control. are we starting to see a softening of those positions on both sides? >> reporter: here's what there's agreement on. both sides, both parties agree that the wealthiest have to pay more, and the question now and the sticking point at this stage is how do you go about making the wealthiest pay more? do you do it by raising the tax rates? that's what president obama wants to do. wants to raise the tax freights 35% where they are now up to where they were during the clinton years at 39% what. republicans are arguing is you don't have to do that. you can get all of the money or some of the money that you want by getting rid of loopholes so doing full-fledged tacts reform at next year but don't raise the tax rates at all and somehow get rid of the loopholes. the white house says, hey, that math doesn't work. >> let me pick up on that because we've seen a few republicans
Search Results 0 to 14 of about 15 (some duplicates have been removed)

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